Hanover Bancorp Posts $4.35M Q3 Profit on Record Net Interest Income
HNVR sits 18% above its 52-week low of $19.905.
Summary
Hanover Bancorp earned $4.35 million in Q3 2026, or $0.60 per diluted share, on record net interest income of $17.0 million. That tops Q2's $4.1 million ($0.55 per share) and is well above the $2.4 million booked a year ago, so the margin expansion story is still running. The EPS figure also clears the prior quarter despite a larger share count backdrop. This lands alongside the 8-K filed today and follows the board's August authorization of a 370,000-share buyback, roughly 5% of shares out. Watch credit quality: non-accrual loans were $28.3 million at the last 10-Q, and that number is the main thing that could undercut the earnings trend.
At the time of this announcement, HNVR was trading at $23.47 on NASDAQ in the Finance sector, with a market capitalization of approximately $165.2M. The 52-week trading range was $19.91 to $27.94. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.